Rational Nation USA
Liberty -vs- Tyranny
I'm all for reducing the size of the MIC, been saying it right along. However, allowing the automatic cuts that will be triggered if the supercomitte fails to reach agreement is the wrong way to make it happen.
Not according to Democratic Representative Jerold Nadler (D-N.Y.). Who by the way appears in need of some automatic cuts in his food allowance.
The Hill OTM - A Democratic legislator said it would be fine with him if the supercommittee failed to reach agreement and steep, automatic cuts to domestic and defense spending happened.
"I hope that they cannot reach an agreement," Rep. Jerrold Nadler (D-N.Y.) said, according to Capital New York.
Some Democrats have suggested that they might have the upper hand in the negotiations because of the rare opportunity for deep reductions in defense spending — something some Democrats have wished for before.
Nadler said there should be significant cuts to military spending.
"I think we should have large military cuts," Nadler added. "Why do we need, how many troops — 60, 70,000 troops — still in Germany? Why do we need troops in half the places they're at? We're still worried about Soviet tank armors invading Western Europe? It's ridiculous."
The supercommittee is nearing its Thanksgiving deadline to come up with a deficit-reduction proposal. As part of the deal to raise the federal debt ceiling that President Obama made with Republicans in August, the panel is charged with finding at least $1.2 trillion in deficit savings. If the panel is not able to, an automatic trigger of $1.2 trillion in cuts occurs — half of the $1.2 trillion would be cut from federal domestic spending and half from defense spending.
The automatic cuts were designed as a penalty that would force the panel to negotiate a deal.
It certainly gives one thoughts of hopelessness when the people elected to represent our interests lack the ability to find solutions to big time issues.
I can't help but wonder what our founders, who forged a way to form a nation would think if they were here today.